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Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair

Upworthy Saturday, 5 April 2025 ()
Donald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair Jerome Powell has warned, defying the US president’s demands for an immediate interest rate cut. While the US economy remains robust, Powell cautioned that there is high uncertainty…
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Video Credit: euronews (in English) - Published
News video: Trump announces 10% reciprocal global tariffs, with higher rates on some nations

Trump announces 10% reciprocal global tariffs, with higher rates on some nations 01:40

 Trump announces 10% reciprocal global tariffs, with higher rates on some nations US President Donald Trump announced the long-awaited “Liberation Day” reciprocal tariffs at the White House Rose Garden. Global markets shifted into “risk-off” mode, with US stock futures tumbling sharply and...

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